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Posts Tagged ‘US’

09 Feb

Groupon again with big loss in 2011

As I have already reported about Groupon (a rebate-based shopping site) to go Wall Street,
and stated that Groupon might become one of the bubbles of the internet business, my fears
have partly been confirmed. Groupon has made a total loss of 351 million $. The owner of
Groupon blames international expansion investions for the high operational loss.

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February 9, 2012Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , Thoughts
TAGGED WITH :drop , fail , Groupon , loss , market , stock , US